48 result(s) for bank transfer in Business
Hungarian Tax Authority Uncovers Intl Money Laundering, Cigarette Smuggling Operation
- 13 Oct 2015 5:34 AM
- business
Hungary’s tax and customs authority (NAV) said on Tuesday that it is investigating an international money laundering and cigarette smuggling operation, and it has so far apprehended 33 suspects. Vietnamese and Egyptian nationals based in Budapest are suspected of directing the transfer of euros acquired in crimes committed in Europe first to Hungary and then to Slovakia.
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Hundreds Of Thousands Of Hungarians Close Bank Accounts
- 2 Apr 2015 5:00 AM
- business
Over the past two years Hungarian private individuals closed over 430,000 bank accounts, business daily Világgazdaság said. In 2014 alone, the number of private bank accounts dropped by 282,000. The trend could be attributed to the duty imposed on financial transactions which triggered a rise in bank charges, according to the central bank.
Hungary C/A Surplus Euro 546m In Jan
- 18 Mar 2015 8:00 AM
- business
Hungary posted a current-account surplus of 545.6 million euros in January, National Bank of Hungary monthly balance of payment data show. The country’s external financing capacity—calculated as a combined surplus of the current and capital accounts—came to a preliminary 786.8 million euros in January.
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
Changing Banks In Hungary Will Become Easier
- 12 Dec 2014 8:00 AM
- business
The codification of an EU directive to make it easier for consumers to switch banks is currently under way at the central bank and the Economy Ministry, MNB head of financial infrastructure Lajos Bartha told Napi Gazdaság. Currently, it takes an average of 30 days to change banks.
EU Transfers Raise NBH Reserves By Eur 1.2bn In Q3
- 28 Nov 2014 8:00 AM
- business
Net transfers from the European Union remained the main item raising the National Bank of Hungary’s (NBH) international reserves, adding nearly 1.2 billion euros in the third quarter, according to the central bank’s interim report.
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
Hungarian Banks Required To Prove Fairness Of FX Contracts
- 31 Jul 2014 11:00 AM
- business
From now on banks will be required to prove that their procedures in forex lending have been straightforward, under a law which took effect last Saturday. Lawsuits initiated by borrowers against their banks before the supreme court passed its decision of legal unity have been suspended.
Hungarian Tax Authority Uncovers Intl Money Laundering, Cigarette Smuggling Operation
- 13 Oct 2015 5:34 AM
- business
Hungary’s tax and customs authority (NAV) said on Tuesday that it is investigating an international money laundering and cigarette smuggling operation, and it has so far apprehended 33 suspects. Vietnamese and Egyptian nationals based in Budapest are suspected of directing the transfer of euros acquired in crimes committed in Europe first to Hungary and then to Slovakia.
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Hundreds Of Thousands Of Hungarians Close Bank Accounts
- 2 Apr 2015 5:00 AM
- business
Over the past two years Hungarian private individuals closed over 430,000 bank accounts, business daily Világgazdaság said. In 2014 alone, the number of private bank accounts dropped by 282,000. The trend could be attributed to the duty imposed on financial transactions which triggered a rise in bank charges, according to the central bank.
Hungary C/A Surplus Euro 546m In Jan
- 18 Mar 2015 8:00 AM
- business
Hungary posted a current-account surplus of 545.6 million euros in January, National Bank of Hungary monthly balance of payment data show. The country’s external financing capacity—calculated as a combined surplus of the current and capital accounts—came to a preliminary 786.8 million euros in January.
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
Changing Banks In Hungary Will Become Easier
- 12 Dec 2014 8:00 AM
- business
The codification of an EU directive to make it easier for consumers to switch banks is currently under way at the central bank and the Economy Ministry, MNB head of financial infrastructure Lajos Bartha told Napi Gazdaság. Currently, it takes an average of 30 days to change banks.
EU Transfers Raise NBH Reserves By Eur 1.2bn In Q3
- 28 Nov 2014 8:00 AM
- business
Net transfers from the European Union remained the main item raising the National Bank of Hungary’s (NBH) international reserves, adding nearly 1.2 billion euros in the third quarter, according to the central bank’s interim report.
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
Hungarian Banks Required To Prove Fairness Of FX Contracts
- 31 Jul 2014 11:00 AM
- business
From now on banks will be required to prove that their procedures in forex lending have been straightforward, under a law which took effect last Saturday. Lawsuits initiated by borrowers against their banks before the supreme court passed its decision of legal unity have been suspended.